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5542 Locust Street

5542 Locust Street, Philadelphia, PA 19139
Townhouse in Cobbs Creek
Sold Nov 02, 2020
$229,900
$183,920 by Trident Mortgage Company Lp
Mortgage Due Oct 01, 2050
Sold Mar 29, 2019
$34,500
5542 Locust Street in Philadelphia, PA was first built in 1925 and is 99 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5542 Locust Street has 1,500 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 150 ft and the linear feet between the front and back of the lot is 920. In total, the area measurement of the land is 1,380 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. The property was last sold in Sep 18, 2020 for $229,900. That's $153.27 per sqft. Prior to that sales transaction, the property was also sold in Mar 21, 2019 for $34,500. 5542 Locust Street was last assessed in 2023. The total value of the property was assessed at $170,200. Specifically, the land the property is located on was valued at $34,000. While improvements on the property were assessed at a total of $136,200. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,263. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Masonry Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Townhouse
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,380
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 150
  • Total Building Area: 1,500
  • Gross Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,500
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.032
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Common area (misc.)
  • State Land Use Code: Single family residential
  • Legal Description 1: 145 W OF ALLISON

Ownership

  • Current Owner : SPIVAK BIRNDORF CHAVA YAEI
  • Current Owner 2: LEONE JUSTIN
  • Previous Owner : COMMUNITY IMPROVEMENT FUND LLC
  • Owner Before Previous Owner: EASON CHARLES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Philadelphia City School District
  • School Tax School District: PHILADELPHIA SD
  • Census Tract: 008400

Zoning

  • Zoning: RSA5

Geography

  • Assessors Map Reference: 022S070081
  • Account Number: 056000
  • District: WARD #60
  • Parcel: 60-4056000
  • Block: 22S7
  • Lot: 81
  • Municipality: PHILADELPHIA
  • Latitude: 39.9565
  • Longitude: -75.2333

    Address

  • Full Address: 5542 Locust St
  • Address - House Number: 5542
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: PA
  • City Name: Philadelphia
  • Carrier Code: C008
  • 4-Digit Zip Code: 3930
  • Zip Code: 19139

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,263
  • Tax Rate Code Area: 60

    Appraisal Valuation

  • Standard Deviation: 0.4423
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 11
  • Final Value: 365,724
  • High Value: 527,487
  • Low Value: 203,960

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $193,920
  • First Open Lien Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Open Lien Mortgage Recording Date: Nov 02, 2020
  • First Open Lien Mortgage Loan Amount: $183,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050
  • Second Open Lien Mortgage Lender: PHILADELPHIA HOUSING DEVELOPME
  • Second Open Lien Mortgage Recording Date: Nov 02, 2020
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $170,200
  • Market Land Value: $34,000
  • Market Improvement Value: $136,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,200
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $136,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 18, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Transaction ID: 11798351212
  • Current Sale Price: $229,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 53742539
  • Previous Sale Recording Date: Mar 29, 2019
  • Previous Sale Contract Date: Mar 21, 2019
  • Previous Sale Amount: $34,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • First Mortgage Transaction Date: Nov 02, 2020
  • First Mortgage Loan Amount: $183,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

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Frequently Asked Questions

What neighborhood is 5542 Locust Street located in?
The 5542 Locust Street is a townhouse located in the neighborhood of Cobbs Creek in West Philadelphia, Philadelphia.
What is the average sales price for listings in 5542 Locust Street?
The average sales price for units in 5542 Locust Street is $0 currently.

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